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Owen will focus on providing equipment financing solutions to large fleet operators and new specialty vehicle vendors.

Cramer comes to Key with more than 30 years of successful sales, business development and relationships management experience. - Don Phillips, VP of sales, municipal and specialty vehicles, Key Equipment Finance

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Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp (NYSE: KEY), has named Cramer Owen national leasing manager, specialty vehicles. In this role, Owen will focus on establishing new relationships with manufacturers, dealers and end-users with the objective of providing equipment financing solutions to medium and large fleet specialty vehicle operators.

“Cramer comes to Key with more than 30 years of successful sales, business development and relationships management experience,” said Don Phillips, vice president of sales, municipal and specialty vehicles, for Key Equipment Finance. “He has a wealth of knowledge in specialty vehicle business development, and I look forward to working with him to meet the financing needs of this important market.”

Prior to joining Key, Owen was business development manager with De Lage Landen Financial Services, helping to establish channel financing programs in Latin American and North America. Previously, he spent more than two decades in various senior management, operations, sales, marketing and business development roles with Wells Fargo Equipment Finance, CIT Group, GE Capital, CNH Capital, Daimler A.G. and PACCAR Inc.

Owen has a bachelor’s degree in economics from University of California, Berkeley and an MBA in finance from Thunderbird, The American Graduate School of International Management.

Key Equipment Finance offers equipment financing and business leasing solutions to a range of business types and industries. Learn more at http://www.kefonline.com.

About Key Equipment Finance

Key Equipment Finance has been in the equipment finance business for 41 years and is one of the largest bank-based equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities. Through its manufacturer and vendor alliances unit, equipment finance programs are developed for manufacturers, distributors and resellers.

Key Equipment Finance’s specialty finance group includes a lease capital markets team to support corporations looking to optimize risk and revenue, and a lender finance team, which provides structured facilities to various sectors of the specialty finance market. Headquartered outside Denver, Colorado, Key Equipment Finance manages $9.1 billion in assets and originates $4.3 billion of equipment financing annually. For more information, visit http://www.keyequipmentfinance.com.

About KeyCorp

KeyCorp (NYSE: KEY) was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key had assets of approximately $90.8 billion on March 31, 2014. Key provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses under the name of KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.